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Baytex Energy Corp T.BTE

Alternate Symbol(s):  BTE

Baytex Energy Corp. is a Canada-based energy company. The Company is engaged in the acquisition, development and production of crude oil and natural gas in the Western Canadian Sedimentary Basin and in the Eagle Ford in the United States. Its crude oil and natural gas operations are organized into three main operating areas: Light Oil USA (Eagle Ford), Light Oil Canada (Pembina Duvernay / Viking) and Heavy Oil Canada (Peace River / Peavine / Lloydminster). Its Eagle Ford assets are located in the core of the liquids-rich Eagle Ford shale in South Texas. The Eagle Ford shale covers approximately 269,000 gross acres of crude oil operations. Its Viking assets are located in the Dodsland area in southwest Saskatchewan and in the Esther area of southeastern Alberta. It also holds 100% working interest land position in the East Duvernay resource play in central Alberta.


TSX:BTE - Post by User

Bullboard Posts
Post by Confuseddon Mar 03, 2018 10:04pm
509 Views
Post# 27657290

Funny

FunnyIts amazing how I have been working in the oil and gas industry my entire life. I finally decided to park a bunch of my hard earned oil and gas cash into Oil and gas stocks that have already been punished and the cash gets taken back as most oil and gas stocks continue to be punished all the while it looks like oil is headed higher over the next few years. Its like the investing world preceives that the world will magically not use oil and gas in 2,3,5,10 years whatever.... When really the world needs an extra 4400 barrels of new oil every day that wasnt required yesterday. Its crazy how bearish the market stiill is on oil. Last week there was a small build and the price dropped about 4$ on a tiny build during a season of builds. Last year the builds were huge this time of year and a small build would have been preceived as bullish LOL. Now crude stocks are plummeting and a small build drops the price of oil by 6% WTF lol. Its foolish IMO.............. Do oil stocks have to almost run dry for the market to notice then all of a sudden its 2008 all over honestly fak it as bad as it might be for the economy id love to see the price of oil triple. RANT OVER 
Bullboard Posts